pump.fun team continued to transfer 75 million USDC to Kraken 8 hours ago, highly likely a withdrawal

BlockBeats News, November 27th, according to cinder monitoring, pump.fun continued to transfer 75 million USDC to Kraken 8 hours ago. They have transferred a total of 480 million USDC obtained from ICO sales to Kraken in the past 12 days since 11/15.

A few days ago, a member of the pump.fun team said that they did not cash out, but only dispersed the USDC obtained from the ICO sales to reinvest in the business. However, early this morning, as soon as this 75 million USDC entered Kraken, 69.26 million USDC was then transferred from Kraken to Circle (the USDC issuer).